Kitwave acquires drinks wholesaler Wilds of Oldham

Kitwave Group has acquired drinks wholesaler Wilds of Oldham.

Kitwave’s Paul Young: ‘Wilds of Oldham is a proven, successful business that will make a strong addition to our foodservice division.’

Established for over 25 years, Wilds of Oldham is a family-run wholesaler supplying the on and off-trade. Currently, it has 35 members of staff and a fleet of 11 vehicles that deliver to customers within a 50-mile radius of its warehouse in Oldham. In the financial year ended 30 September 2022, the business had a turnover of £10.2 million.

The acquisition will be incorporated into Kitwave’s existing foodservice on-trade business HB Clark & Co.

Commenting on the acquisition, Paul Young, CEO of Kitwave, said: “We are delighted to announce the acquisition of Wilds of Oldham, which will assist in the distribution of HB Clark’s alcohol and soft drinks products throughout the North West. Wilds of Oldham is a proven, successful business that will make a strong addition to our foodservice division.

“At Kitwave, we remain focused on capitalising on the fragmented UK wholesale market and will continue to identify the best opportunities to deliver the most value for our stakeholders.

“We are looking forward to working closely with the Wilds of Oldham team.”

Published Date: November 21, 2023
Category: Wholesale Industry News